Ratshisusu noted that, the Act guiding the Competition Commission requires the body to assess the public interest factors, the effects of the transaction and the competition effects

“We have been investigating this case and we have made the referral to the Competition Tribunal. We have had numerous discussions with Bidvest, but they did not submit a firm commitment on what is likely to happen because of the merger,” added Ratshisusu.

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“They had indicated to us that the deal is likely to have an adverse effect on employment so we allowed them to make an analysis on the level of impact.”

Ratshisusu explained that the commission recommended the retrenchments suggested by the company adding that the number would be limited to the estimates made to the commission.